Markets

Ryanair to start charging passengers who carry suitcases onto planes

Ryanair to start charging passengers who carry suitcases onto planes On the plus side, this airline's website states that "additional advantages for customers will be the ability to pack more liquids into their 10kg checked bag and walk to the boarding gate 'hands free.'" People are advised to carefully read through Ryanair's New bag policy and Cabin bag policy to see what is and is not permitted. [Full Article...]

SEC quashes more bitcoin ETF pitches in another blow to cryptocurrencies

SEC quashes more bitcoin ETF pitches in another blow to cryptocurrencies In addition to the two ProShares applications, the SEC rejected two proposals from GraniteShares and five from Direxion . Right after the SEC rejected the ETFs, the agency released a letter revealing that they want to review their decision , and they have assigned authority to take action on the applications. [Full Article...]

RE: Wild looking Infiniti Prototype 10 breaks cover - Page 1 - General Gassing

RE: Wild looking Infiniti Prototype 10 breaks cover - Page 1 - General Gassing That's not to say that Infiniti is ignoring the onset of electrification across the industry - from 2021 the Japanese say that every model will feature some sort of hybrid or electric powertrain, and judging by the new Prototype 10 concept we might be in for a treat. [Full Article...]

Oil price leaps to $74 per barrel as U.S. inventory drops

Oil price leaps to $74 per barrel as U.S. inventory drops US energy companies cut nine oil drilling rigs this week, the biggest reduction since May 2016, General Electric Co's (GE.N) Baker Hughes energy services firm said. West Texas Intermediate, light crude oil is on track for a seventh week of losses, with a fall of more than three per cent. The crude oil benchmark is now trading at $66.90 per barrel. [Full Article...]

Australia bans Huawei from 5G network over security…

Australia bans Huawei from 5G network over security… Australia had previously banned Huawei , the world's largest maker of telecommunications network gear, from providing equipment for its fiber-optic network and moved to block it from laying submarine cables in the Pacific. China's foreign ministry spokesman, Luk Kang, accused Australia of using "various excuses to artificially erect barriers". Neither Huawei nor the Australian government has ... [Full Article...]

Trump executive granted immunity in Cohen inquiry

Trump executive granted immunity in Cohen inquiry Two executives at American Media Inc, which publishes the National Enquirer , a tabloid reportedly involved in making the payments, have also been granted immunity in the investigation, according to news media reports. He put the trust in the hands of his adult two sons and Weisselberg. The identities of executive 1 and 2 are still unknown. He was there in the lobby of Trump Tower in June 2... [Full Article...]

Trump suggests US close to 'big' trade agreement with Mexico

Trump suggests US close to 'big' trade agreement with Mexico Trump has threatened to withdraw from the North American Free Trade Agreement and the US and Mexico have been negotiating the deal for weeks. "And will be happy to do that, once the bilateral US-Mexico issues have been resolved". Trump emphasized the collaboration with the current and incoming Mexican administrations. "We've adjusted very well the focus, but without changing the content, the sub... [Full Article...]

Supreme Court won't hear real estate data publication case

Supreme Court won't hear real estate data publication case TREB's fight began in 2011 when the Competition Bureau, a federal watchdog created to protect consumers by investigating business policies and mergers, challenged TREB's policy preventing the publication of such information, saying it impedes competition and digital innovation. [Full Article...]

'Weisselberg knows everything': Prosecutors grant immunity to longtime Trump finance chief

'Weisselberg knows everything': Prosecutors grant immunity to longtime Trump finance chief The Cohen investigation was referred to federal prosecutors in NY by U.S. Special Counsel Robert Mueller , who is looking into Russian interference in the 2016 election and possible coordination between Trump's Republican campaign and Russian officials. [Full Article...]

Gun-maker Kalashnikov wants to take on Tesla with retro-styled EV

Gun-maker Kalashnikov wants to take on Tesla with retro-styled EV Kalashnikov, the makers of the hugely popular AK-47 assault rifle, plan to take on Tesla with their own Soviet-designed electric auto, the CV-1, reports the Moscow Times . The CV-1 from another angle. The company is now shifting its gaze from guns and gadgets to electric vehicles, TechCrunch reports. Kalashnikov will face additional hurdles in its home market of Russian Federation, where th... [Full Article...]

Amazon's warehouse 'ambassadors' play defense on Twitter

Amazon's warehouse 'ambassadors' play defense on Twitter They all claim to work in Amazon fulfillment centers - warehouses where your package deliveries come from. Amazon assured the TechCrunch reporter Devin Coldewey that all FC ambassadors were real employees who have experience working in their fulfillment centres, but it's unclear whether social media advocacy is now their full-time role. [Full Article...]

Saudi Aramco's Mega IPO Plan Stalled For Now

Saudi Aramco's Mega IPO Plan Stalled For Now The Minister of Energy, Industry and Mineral Resources and Chairman of Saudi Aramco, Khalid Al-Falih, highlighted the commitment of the government to the IPO of the company when conditions are optimum. The Saudi Arabian Oil Co ., as Aramco is formally known, wrote to some but not all of its advisers on the IPO and asked them to suspend work for now, one of the people said. [Full Article...]

Extraction Oil & Gas (XOG)

About 237,893 shares traded or 63.04% up from the average. The total dollar value of all 273.14 million outstanding shares is 0.9 billion. The Extraction Oil & Gas, Inc. The mare price or price trend does not suggest the suitability of a stock. The company had revenue of $96.78 million for the quarter, compared to the consensus estimate of $95.20 million. [Full Article...]

Fed's Bullard warns of recession risk in raising rates

US crude gained $1.31 at $69.14. It has also notched up braod gains over the Russian Rouble and Brazilian Real as well as a host of Asian currencies. In his highly anticipated Friday address on the heels of a record-setting stock market week, Powell noted that while the USA economy is strong, the Fed is working to find a balance between the "shoals of overheating and premature tightening". [Full Article...]

Nicola Sturgeon rejects claims Scotland is ‘subsidised’ by UK

Nicola Sturgeon rejects claims Scotland is ‘subsidised’ by UK Government Expenditure and Revenue Scotland (GERS) statistics for 2017/18 show the country spent £13.4 billion more than it raised, when a geographic share of North Sea revenues is allocated to Scotland. Official figures on the state of the country's finances also disclosed a record "Union dividend" of almost £1,900 for every man, woman and child in Scotland. [Full Article...]

A week of devastating body blows for Donald Trump

A week of devastating body blows for Donald Trump McConnell's office also had no comment when asked to weigh in. In a Fox News interview , the US President went too far as to say such flipping, a common occurrence in the US legal and justice system, should be made illegal because witnesses turned approvers for lesser sentences. [Full Article...]

The Aftermath of the Paul Manafort and Michael Cohen News

Following the guilty pleas Tuesday by his former personal lawyer Michael Cohen , which directly implicated Trump as his co-conspirator in two felonies, Trump is "unraveling", according to a former top executive in Trump's business, The Trump Organization. [Full Article...]

S&P 500 bull market now arguably the oldest ever

S&P 500 bull market now arguably the oldest ever To be sure that the S&P 500 is still in a bull market, it would have to close above its record high set on January 26, which it failed to do on Tuesday when it closed at 2,862.96 points. Tame valuations, little competition and earnings growth that looked spectacular but rarely got above the historical trend - these were the forces that sent the S&P 500 up 320 percent over 3,453 days, Bloomberg ... [Full Article...]

Fed Chair Powell: Further Rate Hikes Best Way to Protect Recovery

After silently enduring a week of withering barbs from President Trump, Fed Chairman Jerome Powell finally spoke up on Friday, defending his plans to keep hiking interest rates. "The economy is strong". Many have seen Trump's complaints about the Fed's rate hikes as an intrusion on the central bank's longstanding independence from political influence. [Full Article...]

Trump Administration May Announce Deal With Mexico On NAFTA Talks

Trump Administration May Announce Deal With Mexico On NAFTA Talks US President Donald Trump, who launched the renegotiation of the 1994 pact a year ago, has said he wants the reworked deal to bring manufacturing jobs back to the United States, particularly in autos and auto parts. Sources familiar with the talks told Politico that the White House plans to make the announcement sometime Thursday. "We are very encouraged by what we are hearing from our NAFTA p... [Full Article...]


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